Pamela Anderson poses with a copy of the Playboy magazine of which Pam posed for Playboy magazine 20 years ago; Pam was apparently handed the copy of the Playboy with her on the cover when she was in her 20s. Pamela held a press conference in the Resort Hotel Avala in Budva, Montenegro where she presented the reasons for her stay in Montenegro.

more gorgeous pics of Pamela below..

After that the former Baywatch sex symbol stripped down to a purple bikini and hit the beach with her surfer boyfriend, Jamie Padgett.

Do you think Pamela still has it? Or not?